State-owned construction firm PT PP (PTPP) booked profit attributable to owner of Rp176 billion in the first quarter (Q1) of 2019; it grew 12.5% from Rp156 billion in the corresponding period of 2018. Revenues rose 34.9% to Rp 4.97 trillion from previous Rp3.68 trillion. The Company booked gross profit of Rp659 billion, an 18% growth year on year (y/y), and operating profit grew 32.4% to Rp449 billion, a 32.4% growth y/y.

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